Prime Investment Opportunity in Medford! Spacious and well-located, this true 3-family home offers over 3,000 sq ft of living space on an oversized lot just minutes from downtown Medford. Each unit features hardwood floors, a living room, eat-in kitchen, 2 bedrooms, and 1 bath. The semi-finished basement with full bath and good ceiling height offers expansion potential. Highlights include separate systems, ample off-street parking, outdoor space, and strong rental or condo conversion potential. Conveniently located near major highways, public transportation, and a vibrant mix of shops, restaurants, and amenities. Ideal for investors, developers, or owner-occupants.
This home has been viewed 58 times
Last Checked: August 1st, 2025 at 4:29am (Source: MLS PIN #73385948)
Gross Income: $0
Gross Expenses: $8,960
Net Income Calc: $8,960
CAP Rate: -0.64%
Annual Expenses for 124 Forest St, Medford MA 02155
Total Gross Expenses (Calculated)$8,960/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,960
Annual Income & Unit Breakdown for 124 Forest St, Medford MA 02155
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 124 Forest St, Medford MA 02155
Listing ID73385948
Property TypeMulti Family / 3 Family
Price$1,399,000 ($368.45/SqFt)
Style3 Family - 3 Units Up/down
CityMedford
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,797 SqFt
Approximate Lot Size (Acres)0.2 acres
Total Parking6
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Stone
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
Zoningres.
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 124 Forest St, Medford MA 02155
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureIncluded finished lower level
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 124 Forest St, Medford MA 02155
Real Estate Taxes$8,960
Tax Year2025
Assessed Value$1,051,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.64%
Location Information for 124 Forest St, Medford MA 02155
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, Public School, Shopping, Park, Medical Facility, Public Transportation, T-station, Tennis Court(s), Private School, University
Contact Information for 124 Forest St, Medford MA 02155